Common use of Involuntary Termination With Severance Clause in Contracts

Involuntary Termination With Severance. If your employment is involuntarily terminated by the HBI Companies (other than in connection with a Change in Control as defined in the Plan) and you are eligible to receive severance benefits under any written severance plan of the Company (a “Severance Event Termination”), then vesting continues for 90 days after the date of termination, and shares of Stock equal to the RSUs that become vested under this Paragraph 8(a) and cash in an amount equal to any associated dividend equivalents will be delivered to you not later than 21⁄2 months following the end of the calendar year in which your employment is involuntarily terminated.

Involuntary Termination With Severance. If your employment is involuntarily terminated by the HBI Companies (other than in connection with a Change in Control as defined in the Plan) and you are eligible to receive severance benefits under any written severance plan of the Company (a “Severance Event Termination”), then vesting continues for 90 days after the date of termination, and shares of Stock equal to the RSUs that become last date on which vested under this Paragraph 8(a) and cash in an amount equal to any associated dividend equivalents will Option Shares may be delivered to you not later than 21⁄2 months following exercised is 90 days after the end of the calendar year in which date your employment is involuntarily terminated.